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Classics Critique Popular Q&A
Q: What are the Keynes' critiques on classical economics?
A: One of the main critiques is on say's law, which is that supply creates its own demand. In a nutshell Keynes was able to explain the great depression by saying ... Read More »
Q: What is the power elite critique of classical liberalism?
A: Liberalism is a political or social philosophy advocating Read More »
Q: What the critique on classical libralism from an elite group pov?
A: The major difference between liberals and moder... Read More »
Q: Which of the following best summarizes Keynes's critique of class...
A: B Read More »
Q: What two points did Keynes make regarding his critique of the Cla...
A: 1. it will be unemployment due to business cycle in the short run. 2. the demand for money depends not only an income,but interest rate. 3. The condition that I... Read More »
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